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Residential Evaluation Report Property Address: 7572 N Meredith Blvd Year Built: City, State, Zip: Tucson, AZ 85741 Condition: Property Type: SFD Bedroom/Bath Current/Projected Use: SFD/SFD Gross Living Area (SF) Property Zoning: SFD Date: Lot Size: (acres) 0.22 CoreLogic ID: SUMMARY Market Value Estimate (MVE): 1982 Good 3/2 1411 6/28/2011 6716922 $102,000 Appraiser reconciliation comments: The Evaluation market value Market estimate Value is conclusion reconciled is from reconciled the independent from the results valuation of the and independent price indications valuation in the and price GeoAVM opinion Core, results GeoAVM obtained Distressed, through Alternative the GeoAVM Comparable Core, GeoAVM IVA, BPO Distressed; "As Is" and Alternative BPO IVA conclusions. Comparable The IVA, weight BPO Conclusion attributed "As to a Is" particular and BPO IVA indication Conclusion. of price The or weight value is attributed dependent to upon a particular the confidence valuation score conclusion and/or is forecast dependent standard upon the deviation Confidence (FSD). Score Additional and/or third Forecast party Standard resources Deviation have been (FSD). considered Additional by the third person party providing resources the have market been value considered estimate. by the High person confidence performing scores the were evaluation observed in in the the final GeoAVM estimate Core, of the Alternative Evaluation Market Comparable Value. IVA, Low BPO Confidence "As Is" and Scores BPO were IVA. observed For these from reasons, the result all of the of the value/price GeoAVM indications Core, GeoAVM were Distressed considered AVM in the and market value Alternative estimate. Comparable IVA. This is due primarily to the high deviation in property condition and transaction type within the subject's market area. For these reasons, most weight was given to the BPO and BPO IVA conclusions. Value/Price Indications GeoAVM Core GeoAVM Distressed Alternative Comparable IVA BPO "As Is" BPO IVA $140,000 $130,000 Value MVE Variance High Range Low Range Conf. Score FSD $ 110,800 8.63% $ 120,300 $ 101,400 80 9 $ 104,000 1.96% $ 117,000 $ 96,000 N/A 13 $ 97,250 4.66% $ 117,000 $ 87,000 91 8 $ 97,000 4.90% $ 126,480 $ 83,500 94 6 $ 101,000 0.98% $ 127,480 $ 86,000 94 6 Value High Range Low Range Market Value Estimate $126,480 $127,480 $120,300 $120,000 $110,800 $110,000 $102,000 $101,400 $100,000 $117,000 $117,000 $104,000 $96,000 $97,250 $97,000 $101,000 $90,000 $87,000 $83,500 $86,000 $80,000 $70,000 $60,000 GeoAVM Core GeoAVM Distressed Alternative Comparable IVA BPO Conclusion "As Is" BPO IVA Conclusion

Alternative Comparable IVA Results Address Property Type Proximity GLA Age Lot Size Bed Bath Sold Date Sale Price Total Adj. Adjusted Value Gross Adj. % ACIVA Score Subject 7572 N MEREDITH BLVD SFR 0 1411 29 0.22 3 2 85000 1 7621 N CASIMIR PULASKI AVE SFR 0.07 1429 32 0.24 2 5/9/2011 $ 120,000 $5,000 $ 125,000 7.50% 91.08 6 7500 N MEREDITH BLVD SFR 0.14 1411 29 0.25 2 4/12/2011 $ 112,650 $8,000 $ 104,650 7.10% 90.74 17 3191 W LIBERTY TREE LN SFR 0.31 1418 32 0.19 2 6/8/2011 $ 82,500 $8,500 $ 91,000 10.30% 90.57 18 7307 N CAMINO DE LA TIERRA SFR 0.4 1397 26 0.2 2 6/6/2011 $ 114,500 $8,500 $ 123,000 8.30% 90.31 3 7661 N HOPDOWN AVE SFR 0.12 1526 33 0.21 2 5/20/2011 $ 150,000 $8,500 $ 158,500 8.33% 89.85 4 7509 N MEREDITH BLVD SFR 0.13 1322 33 0.21 2 4/12/2011 $ 135,000 $12,000 $ 147,000 8.89% 89.64 21 7711 N RASMUSSEN AVE SFR 0.49 1495 32 0.2 2 5/9/2011 $ 131,000 $10,000 $ 141,000 9.16% 89.00 10 7472 N MEREDITH BLVD SFR 0.19 1246 29 0.23 2 4/7/2011 $ 95,000 $2,000 $ 93,000 8.42% 88.80 5 7670 N CASIMIR PULASKI AVE SFR 0.13 1415 32 0.18 2 1/18/2011 $ 130,000 $13,500 $ 143,500 10.38% 88.46 11 7662 N LUNDBERG DR SFR 0.19 1634 33 0.19 2 5/18/2011 $ 108,750 $8,000 $ 116,750 11.95% 88.26 9 7740 N HOPDOWN AVE SFR 0.18 1408 33 0.18 2 1/18/2011 $ 125,900 $14,500 $ 140,400 11.52% 88.20 15 3231 W LIBERTY TREE LN SFR 0.31 1541 32 0.18 2 3/15/2011 $ 77,900 $7,500 $ 85,400 12.20% 87.86 32 3401 W HORIZON HILLS DR SFR 0.95 1465 28 0.28 2 6/1/2011 $ 83,640 $500 $ 84,140 10.16% 87.60 33 3901 W SUNNY HILLS PL SFR 0.96 1536 32 0.21 2 6/16/2011 $ 145,000 $8,500 $ 153,500 8.62% 87.48 16 7386 N PATRIOT DR SFR 0.31 1223 30 0.19 2 3/3/2011 $ 90,000 $11,000 $ 101,000 12.22% 87.26 29 6933 N STARSHINE DR SFR 0.91 1322 33 0.16 2 6/7/2011 $ 96,030 $15,000 $ 111,030 15.62% 87.09 22 3517 W PETERSON PL SFR 0.52 1491 33 0.24 2 1/20/2011 $ 114,100 $5,000 $ 119,100 8.76% 86.58 19 7900 N CASIMIR PULASKI AVE SFR 0.41 1635 32 0.18 2 3/1/2011 $ 84,000 $7,500 $ 91,500 13.69% 86.23 20 3440 W EUNICE PL SFR 0.46 1609 33 0.24 2 2/16/2011 $ 99,900 $2,500 $ 102,400 9.51% 86.20 7 7450 N CAMINO DE LA TIERRA SFR 0.15 1292 31 0.18 2 12/14/2010 $ 89,000 $2,500 $ 91,500 11.80% 86.07 27 3443 W NORTHSTAR DR SFR 0.79 1629 32 0.25 2 3/23/2011 $ 142,000 $2,500 $ 144,500 10.92% 85.80 23 3410 W BLACKSILL DR SFR 0.56 1058 32 0.22 2 4/13/2011 $ 105,000 $14,000 $ 119,000 13.33% 85.73 2 3161 W MASSINGALE RD SFR 0.11 1855 33 0.21 2 3/8/2011 $ 97,777 $2,500 $ 100,277 11.76% 85.45 35 6767 N POSITANO WAY SFR 0.98 1348 32 0.21 2 1/11/2011 $ 93,000 $8,000 $ 101,000 8.60% 85.35 14 7395 N PATRIOT DR SFR 0.26 1085 30 0.18 1 6/15/2011 $ 89,000 $14,500 $ 103,500 16.29% 85.02 26 6966 N ASTERION LN SFR 0.76 1080 29 0.16 2 5/4/2011 $ 89,500 $17,000 $ 106,500 18.99% 84.97 12 7600 N RASMUSSEN AVE SFR 0.2 1692 33 0.2 2 1/5/2011 $ 124,000 $6,500 $ 130,500 11.69% 84.97 8 7656 N MEREDITH BLVD SFR 0.17 1090 29 0.21 1 2/24/2011 $ 84,900 $11,000 $ 95,900 12.96% 84.14 13 7480 N CAMINO DE LA TIERRA SFR 0.24 1095 31 0.29 1 3/16/2011 $ 77,500 $5,500 $ 83,000 16.13% 83.28 34 3877 W ORANGEWOOD DR SFR 0.97 1990 33 0.19 2 6/7/2011 $ 125,000 $5,000 $ 130,000 15.20% 82.80 30 3891 W JUBILEE PL SFR 0.91 1552 33 0.2 2 11/17/2010 $ 84,000 $6,000 $ 90,000 10.71% 82.73 28 6930 N POLARIS PL SFR 0.81 1189 32 0.33 2 12/30/2010 $ 85,900 $3,500 $ 89,400 16.88% 81.23 25 2981 W PLACITA MONTESSA SFR 0.71 1723 16 0.19 3 5/12/2011 $ 185,000 $15,500 $ 169,500 14.86% 81.15 24 3621 W WESLEYAN DR SFR 0.69 1724 36 0.18 2 11/12/2010 $ 106,000 $9,000 $ 115,000 15.09% 80.60 31 7310 N SUNNY RIDGE PL SFR 0.93 1723 32 0.33 2 1/12/2011 $ 69,300 $2,500 $ 66,800 16.59% 80.37 Comparable Sales highlighted in this color were used in the BPO report. Alternative Comparable IVA: $97,250 Alternative Comparable IVA Conclusion: The Alternative Comparable IVA is a technological tool utilizing a dynamic query of CoreLogic RealQuest which is the nation's largest property information database, providing data on 97% of all property transactions in the U.S. This dynamic query uses as many as 90 search criteria related to physical property characteristics, mortgage and sales, ownership status and location. The query findings are then evaluated using our proprietary CompScore quality index as well as subject specific and market influences. The results of this evaluation are then measured by our proprietary confidence score and forecast standard deviation to provide context and applicability of the conclusion. BPO IVA Results Address Property Type Proximity GLA Age Lot Size Bed Bath Sold Date List/Sales $ Total Adj. Adj. Value Gross Adj. % BPO IVA Score Subject 7572 N MEREDITH BLVD SFR 0 1411 29 0.22 3 2 85000 List 1 7459 N CAMINO DE LA TIERRA SFR 0.15 1397 31 0.21 4 2 6/13/2011 $83,500 $2,500 $86,000 2.99% 97.62 List 2 3534 W MOONSONG PL SFR 0.68 1424 33 0.17 3 2 6/25/2011 $93,900 $7,500 $101,400 7.99% 96.90 List 3 3517 W ALANA LN SFR 0.68 1491 31 0.21 3 3 5/14/2011 $126,480 $1,000 $127,480 2.37% 94.40 Sold 1 3243 W MASSINGALE RD SFR 0.23 1415 33 0.2 3 2 5/27/2011 $99,000 $4,000 $103,000 4.04% 98.75 Sold 2 3620 W EASTHAM LN SFR 0.74 1399 37 0.19 3 2 6/21/2011 $102,000 $6,500 $108,500 6.37% 96.32 Sold 3 3410 W BLACKSILL DR SFR 0.56 1058 32 0.22 3 2 4/13/2011 $105,000 $14,000 $119,000 13.33% 85.73 BPO IVA: $101,000 BPO IVA Conclusion: The sold and active listings are indicating a similar range in value which suggests that market conditions have been stable since the date of the sold listings. For this reason, most weight was given to the adjusted value of both the sold and active listings. Weighting was determined based on CompScore which is a quality index established to measure the comparability of the Sold and List data provided by the professional real estate analyst to the subject property, measuring variances in key property characteristics.

Evaluation Content Identification of the Subject Property The subject property was identified by the client and verified through public records and a property site visit. Description of the Subject Property The description of the subject property has been included within the Broker Price Opinion (BPO) section of this Evaluation report. The current use, projected use and estimated actual physical condition of the subject, as previously noted, were derived from visual observation of either the interior and exterior, or exterior only, depending on the client s request. Zoning information was obtained through public records. Photographs of the subject provide evidence the site visit has taken place. Description of Analysis, Supporting Information, and Sources of Information The person performing the evaluation has relied on a current Broker Price Opinion, along with a GeoAVM Core TM and GeoAVM Distressed TM automated valuation models (AVM), BPO Indicated Value Approach TM (IVA) and an Alternative Comparable Indicated Value Approach TM (IVA), which includes a search of applicable sales data available to compare to the subject property, as well as an internal CompScore TM process with corresponding adjustments. After reviewing the independently completed value and price estimates, including the methodology and data integrity, availability, and applicability, the person performing the evaluation has determined the best market value indications and provided a reconciled opinion of market value. The work file has been maintained, according to the Uniform Standards of Professional Appraisal Practice requirements. Data specific to the subject property and the sales comparison approach were incorporated throughout the process. Supporting data and information from public records and Multiple Listing Services was utilized. The Quality Control process included additional cost free and subscription based online data, as applicable. Integrated analytical methods, technological tools and supplemental information Integrated analytical methods and technological tools used in this residential evaluation report include the Indicated GeoAVM Core TM and GeoAVM Distressed TM automated valuation models (AVM), BPO Indicated Value Approach TM (IVA) and an Alternative Comparable Indicated Value Approach TM. The Indicated Value Approaches are proprietary predictive models based on information provided in valuations considered in this report. Integrated analytical methods and technological tools were utilized by CoreLogic as part of the Quality Control analysis, including CompScore. CompScore is a quality index established to measure the comparability of the sold and list data provided by the professional real estate analyst to the subject property, measuring variances in key property characteristics including proximity, GLA, lot size, age and room count, among others. Descriptions of Confidence Score and Forecast Standard Deviation Definition of Confidence Score: The confidence score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 60 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales. FSD Definition: The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.

Scope of Work Reporting Option Type This Residential Evaluation Report Desktop is a Restricted Use Appraisal Report, as defined in the Uniform Standards of Professional Appraisal Practice. Extraordinary Assumptions and Restrictions on Use WARNING: The use of such extraordinary assumptions might have affected the assignment results. The extraordinary assumptions, assumed by the person performing the evaluation, unless otherwise indicated in the report, include: 1 There are no adverse conditions related to the subject site or related to the proximity of the subject property to nearby detrimental influences 2 There are no specific adverse environmental conditions (e.g., hazardous wastes, toxic substances) present in the improvement(s), on the site, or in the immediate vicinity of the subject property 3 Any discrepancies between the public record information or other data source(s) and the existing subject site or improvement(s) that would significantly alter the person performing the evaluation's opinion of value are not apparent 4 Factors such as easements, restrictions, encumbrances, leases, reservations, covenants, contracts, declarations, special assessments, ordinances, or other items of a similar nature that would significantly affect the person performing the evaluation s opinion of value are not apparent 5 Components, such as mechanical, electrical and plumbing that constitute the subject property are fundamentally sound and in good working order 6 The sources and data collected are assumed to be reliable, true and correct Intended Use The purpose of this evaluation report is to develop an opinion of market value (as defined) for the identified subject property to assist with mortgage due diligence and decision making processes. This report is not intended for any other use. Intended User The only intended user of this evaluation report is the client identified on the first page of the attached BPO report. If you are not identified as the client, you are an unauthorized party and are warned not to use this report. As an unauthorized party, your interpretation of the information contained in this report may be incorrect. Real Property Interest Considered The real property interest considered is fee simple, unless otherwise indicated in this report. Definition of Market Value The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: 1 Buyer and seller are typically motivated 2 Both parties are well informed or well advised, and acting in what they consider their own best interests 3 A reasonable time is allowed for exposure in the open market 4 Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto 5 The price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale Source: Office of the Comptroller of the Currency, under 12CFR, Part 34, Subpart C Appraisals, 34.42 Definitions (g). Scope of work & Analytical methods and techniques Employed The Uniform Standards of Professional Appraisal Practice (USPAP) define the scope of work as "the type and extent of research and analyses in an assignment." The scope of work includes, but is not limited to, the extent to which the property is identified; the extent to which tangible property is inspected; the type and extent of data researched; and the type and extent of analyses applied to arrive at opinions or conclusions. The sales comparison approach is the primary method of analysis included in this report. Although considered to be useful as support to the sales comparison approach, when applicable, the cost and income approaches were not employed as a part of this assignment. The client understands these two approaches were not applied and agree they are not required due to the property type and their desired scope of work limitations. The highest and best use of the site and improvements are assumed to be as they are currently used. The person performing the evaluation has relied on a current Broker Price Opinion, along with GeoAVM Core TM GeoAVM Distressed TM automated valuation models (AVM), BPO Indicated Value Approach TM (IVA) and an Alternative Comparable Indicated Value Approach TM (IVA), which includes a search of applicable sales data available to compare to the subject property, as well as an internal CompScore TM process with corresponding adjustments. After reviewing the independently completed value and price estimates, including the methodology and data integrity, availability, and applicability, the person performing the evaluation has determined the best market value indications and provided a reconciled opinion of market value. The work file has been maintained, according to the Uniform Standards of Professional Appraisal Practice requirements. The reconciliation includes 1 Verification if the AVMs were completed, or not. Because AVMs are not always available, the person performing the evaluation has recognized any limitation of applicable data in their analysis and resulting opinion of market value. 2 Review of the AVM forecast standard deviation and confidence scores. 3 Familiarization with the Broker Price Opinion and communication with the Broker or agent, as needed, to clarify any use, conditions, or neighborhood representations and to meet geographical competency standards. 4 Review of the BPO and Alternative Comparable IVAs including the data and analysis. 5 Any additional research required to complete the analysis and to provide a credible opinion of market value.

Limiting Conditions, Assumptions and Certification Limiting Conditions and Assumptions 1 The person performing the evaluation will not be responsible for matters of a legal nature that affect either the property being analyzed or the title to it. The person performing the evaluation assumes that the title is good and marketable, and will not render any opinions about the title. 2 The person performing the evaluation will not give testimony or appear in court because he or she completed a Residential Evaluation Report of the property in question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 3 Unless otherwise stated in this Residential Evaluation Report, the person performing the evaluation has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property or surroundings (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has made an extraordinary assumption that there are no such conditions or influences; the person performing the evaluation makes no guarantees, or warranties, express or implied. The person performing the evaluation will not be responsible for any such conditions or influences that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the person performing the evaluation is not an expert in the field of environmental hazards, this Residential Evaluation Report must not be considered as an environmental assessment of the property. 4 The person performing the evaluation obtained information, estimates, and opinions that were expressed in the Residential Evaluation Report from sources he or she considers to be reliable and believes them to be true and correct. However, the person performing the evaluation does not assume responsibility for the accuracy of such items furnished by other parties. 5 The person performing the evaluation has based the valuation conclusion on the identified and available data sources, which are considered reliable and include, but are not limited to, public records and MLS data. 6 The person performing the evaluation assumes the subject property complies with zoning, environmental and land use regulations, and that the present use is the Highest and Best Use as improved. 7 It is assumed the use of the land and improvements is confined within the boundaries or property lines of the property described and that there is no encroachment or trespass. 8 The person performing the evaluation will not disclose the contents of this report except as provided for in the Uniform Standards of Professional Appraisal Practice or required by applicable law. 9 The client is the party or parties who engage a person performing the evaluation (by employment contract) in a specific assignment. A party receiving a copy of this Residential Evaluation Report from the client does not, as a consequence, become a party to the person performing the evaluation client relationship. Any person who receives a copy of this Residential Evaluation Report as a consequence of disclosure requirements that apply to the person performing the evaluation s client, does not become an intended user of this report unless the client specifically identified them at the time of the assignment. Certification The person performing the evaluation certifies and agrees that: 1 The statements of fact contained in this report are true and correct. 2 The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. 3 I have no present or prospective interest in the property that is the subject of this report and have no personal interest with respect to the parties involved. 4 I have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. 5 My engagement in this assignment was not contingent upon developing or reporting predetermined results. 6 My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this Residential Evaluation Report. 7 My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. 8 I have not made a personal inspection (viewing) of the property that is the subject of this report. 9 I have personally prepared all opinions and conclusions concerning the subject property that were set forth in the Residential Evaluation Report. The property was not physically inspected by the person performing the evaluation, therefore there was reliance upon the other sources including, but not limited to, the Broker Price Opinion. 10 No one provided significant real property appraisal assistance to the person performing the evaluation. Signature, Date, Certification Signature: Effective Date: MM/DD/YYYY Report Date: MM/DD/YYYY Certification #: Certification Expiration Date: MM/DD/YYYY

* 2 ),, -, 7 5, + 2 5 5 7 2 2 4 6 1 / ; 7 4 8 ) 7-6 D HA A = HA HA G K EHA @ K I A I J? F = H= > A = L = E = > A ) 4-6 +, 16 1 5 ), + 2-6 1 / 15 6 1 / 5 6 D HA A EI JE C I = HA HA G K EHA @ K I A I J? F = H= > A = L = E = > A ) 4-6 ) * 1 16 ;. 5 7 * - + 6 4, - 4 -,. 4, - 2 6, ) 6-5FARVV CoreLogic 5 4 -. REF REF NO. NO. BULK BULK CL-FORCLOSURE 6/28/2011 6716922-1 / 0 * 4 0, + - 6 5, A I? HE> A = O? = JE = B=? J HI =?? A I I J = A EJEA I HBK? JE = > I A I? A? A JD = J= @ @ H@ A JH=? JBH JD A I K > A? JI = H A J= > E EJO It is located close to schools, parks, and the interstate. The current market is declining and has been heavily impacted by an unusually high number of REO properties, foreclosures, and short sale listings. 9 1 6 0-2 4 2-4 6 ; * - + - ) 2 4 * -. 4 4-5 ) - No 9 0 ;. 1 ) + 1 / 4-3 7 14 -, 6 5-5 7 * - + 6 5 2 - + 1). 1 ) + 1 / 2 4 / 4 ) 5 ) 8 ) 1 ) * - Yes FHA, VA, Conv 1, 1 + ) 6 -. 1 ) + 1 / 5 7 * - + 6 9 1 3 7 ) 1. ;. 4. 0 ) 8 ) Yes + 8 Yes - 1/ 0 * 4 0, 6 4 -, 1 5 Declining ) 8 / 6 6 1-7 5, 15 6 1 / 5 64 ) 8 / 6 6 1-5, 15 6 1 / 5 67 15 6 0-4 - ) 5 - ) 5 ) ) 4-6 - : 2 ) 1 No 2 4-5 - 6 7 * - 4. ) 4-6 ) 4 - ) 1 5 6 1 / 5 17 2 4-5 - 6 7 * - 4. + 2 ) 4 ) * - 15 6 1 / 5 3 6 ; 2 1+ ) 4-5 ) - 1 + - 6 18-5 + + 5 6 5 2 6 5 9 + - 6 + none 2 4 1+ - 4 ) / -. 4 75900 2 4 1+ - 4 ) / -. 4 83500 6 6 75900 126480 15 6 0-4 - - 9 0 - + 5 6 4 7 + 6 1 2 4 1+ - 4 ) / - ),, - 5 + 4 1 2 6 1. 5 1 1 ) 4, - 5 No ),, 4-5 5, 15 6. 4 15 6 2 4 1+ -, 5 3. 6 * ; - 8-5 7 * E A I 4 + 7 6 * ; - 8-6 6 ) * 4 * ) CONDITION/ GARAGE +, 1 6 1 ) / - 6 5 1-5 3. 6 4 ) + 4-5 7459 N CAMINO DE LA TIERRA 0.15 POOL None 83,500 15 7 2 ) 1 * 5 6 / ) 1397 1,397 6 6 4 5 7 *, 4 5 4 * ) 6 0 5 2 Good 1 CAR Carport 31.21 Lender owned. It is like sq footage, age, and lot size. It has 4 bedrooms. 3534 W MOONSONG PL 0.68 POOL None 93,900 3 7 2 ) 1 * 5 6 / ) 1424 1,424 6 6 4 5 6 *, 4 5 3 * ) 6 0 5 2 Good 2 CAR Carport 33.17 Lender owned. It is like sq footage, age, and lot size. It has a 2 car carport.! 3517 W ALANA LN 0.68 45 7 2 6 6 4 5 6 Good 126,480 ) 1 1491 *, 4 5 POOL 3 * 5 6 2 CAR In-Ground * ) 6 0 5 2 / ) 1,491 Gar Att 31.21 Lender owned. It is like sq footage, age, and lot size. It has a pool and 2 car garage., 15 6. 4 ),, 4-5 5 15 6 2 4 1+ -, 5 3. 6 * ; - 8-5 7 * E A I 4 + 7 6 * ; - 8-6 6 ) * 4 * ) CONDITION/ GARAGE +, 1 6 1 ) / - 6 5 1-5 3. 6 4 ) + 4-5 3243 W MASSINGALE RD 15 6 7 2 0.23 91,320 44 6 6 4 5 6 ) 1 1415 Good 5 ) - *, 4 5 3 POOL 99,000 CAR 5 ) -, ) 6 - * 5 6 2 05/27/2011 * ) 6 0 5 In-Ground / ) 1,415 2 Gar Att Lender owned. It is like sq footage, age, and lot size. It has a pool and 2 car garage. 33.2, ) 6 ) 5 7 4 + - MLS 3620 W EASTHAM LN 0.74 15 6 102000 5 ) - 102,000 5 ) -, ) 6 - POOL 06/21/2011 None Lender owned. It is like sq footage, age, and lot size. 63 7 2 ) 1 * 5 6 / ) 1399 1,399 6 6 4 5 6 *, 4 5 3 * ) 6 0 5 2 Good 1 CAR Carport 37.19, ) 6 ) 5 7 4 + - MLS! 3410 W BLACKSILL DR 5 ) -, ) 6-04/15/2011 0.57 7 2 6 6 4 5 15 6 119,800 73 ) 1 1400 6 Good POOL *, 4 5 5 ) - 105,000 * 5 6 3 2 CAR None * ) 6 0 5 / ) 1,400 2 Gar Att Fair market. It is like sq footage, age, and lot size. It has a 2 car garage. 32.22, ) 6 ) 5 7 4 + - MLS 2 4 2-4 6 ; 6 ; 2-5 6 ; - + + 7 2 ) 6 5 ) - 1. 9 + + 7 2 ) + ; 5 6 ) 6 7 5 SFD Ranch Vacant 9 0 ) 6 4 6 / ) / - 2 4 / 4 ) 5 9 1 ) 1, 1 6 0-5 ) -. 6 0-5 7 * - + 6 2 - ) 5 - * - 5 2 - + 1. 1+ ) 5 6 4 ) 6-5 6-4 5 +, 16 1 5 ), + 5 6 5 1 8 8 -, EVALUATION ADDENDUM 9 0 ) 6 ) 4-6 +, 1 6 1 5 6 4 -, 5 ), 4 + 2-6 16 1 9 1 ).. - + 6 6 0-5 ) -. 6 0-5 7 * - + 6 + 7 4 4 6 +, 1 6 1 5-2 ; - 6 +, 16 1 5 2 4 2-4 6 ; 8 ) 7-5 2 4 -, 1 ) 6 + + 7 2 ) + ; 8 ) + ) + ; 4 ) 6-4 - * ) 4, -, 8 ), ) 1 5 4 15 Depressed Stable Declining Owner 5 to 10% 5 to 10% Minimal! 7 6 1-6 0 - ) 4-6 1 / 5 6 4 ) 6 - / 1-5 - -, -, 6 5-6 0-5 7 * - + 6 1 + 5 7 / / - 5 6 -, 15 6 2 4 1 + - 6 ; 2-5. 4-2 ) 14 5 ), + 5 6 5 1. ) ; ),. 1 ) + 1 / 1 + - 6 1 8-5 - -, -, ) 5 1 5 ) 5 4-2 ) 14 -, No repairs noted. No repairs noted. " 2 - ) 5-2 4 - + 6 6 0 - + 5 1 / + 5 6 5 ), 5 ) - 5 2 4 1+ - 2-4 ; 7 4 4 - + -, -, 5 6 4 ) 6 - / ; + 15 5 1 2-4 + - 6 + 15 5 1 ) 7 6 6 16-1 5 7 4 ) + - - / ) - 5 + 4 9 4 - + 4, 1 / 6 4 ) 5. - 4 2 4 2-4 6 ; 6 ) : - 5 ) 5 5-5 5-6 5 6 0 370 175 50 700 0 2 ) / -. 5CoreLogic, 7 4 + - 2003-5 - 4 8 1 + - 5! 4-2 ) -. 14 2 0 -, ) 6-6716922 BEVIN BUKRO (520)850-9010 6/28/2011

Disclosure Addendum 6716922 This disclosure addendum, dated 02/06/2012, is incorporated into this BPO Reference # 6716922 of the same date and supplements the same as follows: Disclosure This is a comparative market analysis and not an appraisal. It was prepared by a licensed real estate broker, associate broker or salesperson, not a licensed appraiser. The intended purpose of this report is to assist with mortgage due diligence and decision-making processes. T

) + + 7 6 7 * - 4 6 4 ) + 1 / 7 * - 4 CoreLogic ORDER NO. 5002805191 062810JB ) - PHOTOS COMMENT ),, 4-5 5 + 1 6 ; 5 6 ) 6-1 2 john shambo 7572 N MEREDITH BLVD TUCSON, AZ 85741 6716922 2 D J I Subject Front Subject Front Subject House Number Account #: 5002805191 Tracking #: 062810JB

) + + 7 6 7 * - 4 6 4 ) + 1 / 7 * - 4 CoreLogic ORDER NO. 5002805191 062810JB ) - PHOTOS COMMENT ),, 4-5 5 + 1 6 ; 5 6 ) 6-1 2 john shambo 7572 N MEREDITH BLVD TUCSON, AZ 85741 6716922 2 D J I Street View Listing 1 (7459 N CAMINO DE LA TIERRA) Listing 2 (3534 W MOONSONG PL) Account #: 5002805191 Tracking #: 062810JB

) + + 7 6 7 * - 4 6 4 ) + 1 / 7 * - 4 CoreLogic ORDER NO. 5002805191 062810JB ) - PHOTOS COMMENT ),, 4-5 5 + 1 6 ; 5 6 ) 6-1 2 john shambo 7572 N MEREDITH BLVD TUCSON, AZ 85741 6716922 2 D J I Listing 3 (3517 W ALANA LN) Sold 1 (3243 W MASSINGALE RD) Sold 2 (3620 W EASTHAM LN) Account #: 5002805191 Tracking #: 062810JB

) + + 7 6 7 * - 4 6 4 ) + 1 / 7 * - 4 CoreLogic ORDER NO. 5002805191 062810JB ) - PHOTOS COMMENT ),, 4-5 5 + 1 6 ; 5 6 ) 6-1 2 john shambo 7572 N MEREDITH BLVD TUCSON, AZ 85741 6716922 2 D J I Sold 3 (3410 W BLACKSILL DR) Account #: 5002805191 Tracking #: 062810JB

Map Aerial View Subject Property

ACCOUNT NUMBER TRACKING NUMBER CoreLogic ORDER NO 5002805191 062810JB 6716922 NAME ADDRESS CITY,STATE,ZIP john shambo Road Map View 7572 N MEREDITH BLVD TUCSON, AZ 85741 Map Subject Property 7572 N MEREDITH BLVD TUCSON, AZ 85741 Comp. Listing 1 Closed Sale 1 7459 N CAMINO DE LA TIERRA 3243 W MASSINGALE RD TUCSON, AZ 85741 TUCSON, AZ 85741 Dist From Subject: 0.15 Miles Dist From Subject: 0.23 Miles Comp. Listing 2 Closed Sale 2 3534 W MOONSONG PL 3620 W EASTHAM LN TUCSON, AZ 85741 TUCSON, AZ 85741 Dist From Subject: 0.68 Miles Dist From Subject: 0.74 Miles Comp. Listing 3 Closed Sale 3 3517 W ALANA LN TUCSON, AZ 85741 Dist From Subject: 0.68 Miles 3410 W BLACKSILL DR TUCSON, AZ 85741 Dist From Subject: 0.57 Miles

RealQuest.com - Report http://pro.realquest.com/jsp/report.jsp?&client=&action=confirm&type=getreport&recordn... Page 1 of 5 7/27/2011 CL Tracking ID: 1311794929688759 7572 N MEREDITH BLVD, TUCSON, AZ 85741-1731 Owner Name: SHAMBO JOHN J & SHARON Valuation Summary Value As of: 07/27/2011 # AVM Value Low Value High Value Score Comment 1 PASS $110,800 $101,400 $120,300 80

RealQuest.com - Report http://pro.realquest.com/jsp/report.jsp?&client=&action=confirm&type=getreport&recordn... Page 2 of 5 7/27/2011 Result #: 1 Property Address: 7572 N MEREDITH BLVD, TUCSON, AZ 85741 County: PIMA, AZ Owner Name: SHAMBO JOHN J & SHARON Report ID: 1311794931465724 SUMMARY SUCCESS - SUCCESS - VALUATION SUCCESSFUL Estimated Value: $110,800 Value as of: 07/27/2011 Estimated Value Range Processed Date Confidence Score Forecast Standard Deviation $120,300 - $101,400 07/27/2011 80 9 SUBJECT PROPERTY INFORMATION Property Address: 7572 N MEREDITH BLVD, TUCSON, AZ 85741 SALES HISTORY Sale Price: $89,900 Rec/Sale Date: 03/1996 Sale Type: 1st Mtg Amount: $89,417 1st Mtg Type: Location Information APN: 225405110 Land Use: SFR Census Tract: 46.24 Township: Absentee Owner: O Prior Sale Price: $57,535 Prior Rec/Sale Date: 11/17/1994 Prior Sale Type: Prior 1st Mtg Amt: Prior 1st Mtg Type: Tax Information Assessed Value: $107,931 Assessed Year: 2012 Land Value: $502 Improvement Value: $107,429 Property Information Living Area: 1,411 Year Built: 1982 Bedrooms: No Of Stories: 1 Pool: Parking: 1 Lot Area: 9,460 Total Rooms: 7 Total Baths: 2 A/C: YES Fireplace:

RealQuest.com - Report http://pro.realquest.com/jsp/report.jsp?&client=&action=confirm&type=getreport&recordn... Page 3 of 5 7/27/2011 COMPARABLE SALES Comp Distance From Subject: 0.12 Address: 7661 N HOPDOWN AVE, TUCSON, AZ 85741-1506 Owner: MCBEE MICHAEL & EDNA APN: 225404850 Year Built: 1978 Census TRact: 46.24 Land Use: SFR Assessed Value: $127,565 Living Area: 1,526 Lot Area: 9,343 No Of Stories: 1 Parking: 2 Pool: Sale Price: $150,000 Sale Date: 05/20/2011 1st Mtg Amt: $146,197 Prior Sale Price: $77,000 Prior Rec Date: 11/01/2010 Total Rooms: 6 Bedrooms: Total Baths: 2 A/C: YES Fireplace: Comp Distance From Subject: 0.07 Address: 7621 N CASIMIR PULASKI AVE, TUCSON, AZ 85741-1516 Owner: FEDERAL NATL MTG ASSN FNMA APN: 225420190 Sale Price: $120,000 Year Built: 1979 Sale Date: 05/09/2011 Census TRact: 46.24 1st Mtg Amt: Land Use: SFR Prior Sale Price: $179,900 Assessed Value: $113,701 Prior Rec Date: 04/2005 Living Area: 1,429 Total Rooms: 7 Lot Area: 10,400 Bedrooms: No Of Stories: 1 Total Baths: 2 Parking: 2 A/C: YES Pool: Fireplace: Comp Distance From Subject: 0.13 Address: 7509 N MEREDITH, TUCSON, AZ 85741-1732 Owner: BEMIS BENNY J APN: 225404610 Year Built: 1978 Census TRact: 46.24 Land Use: SFR Assessed Value: $103,732 Living Area: 1,322 Lot Area: 9,165 No Of Stories: 1 Parking: 1 Pool: Sale Price: $135,000 Sale Date: 04/12/2011 1st Mtg Amt: $131,577 Prior Sale Price: $78,000 Prior Rec Date: 05/17/1993 Total Rooms: 6 Bedrooms: Total Baths: 2 A/C: YES Fireplace:

RealQuest.com - Report http://pro.realquest.com/jsp/report.jsp?&client=&action=confirm&type=getreport&recordn... Page 4 of 5 7/27/2011 Comp Distance From Subject: 0.14 Address: 7500 N MEREDITH, TUCSON, AZ 85741-1731 Owner: HARRISON FRANCES J APN: 225405020 Year Built: 1982 Census TRact: 46.24 Land Use: SFR Assessed Value: $120,507 Living Area: 1,411 Lot Area: 10,750 No Of Stories: 1 Parking: 1 Pool: Sale Price: $112,650 Sale Date: 04/12/2011 1st Mtg Amt: $109,787 Prior Sale Price: $223,000 Prior Rec Date: 05/22/2007 Total Rooms: 7 Bedrooms: Total Baths: 2 A/C: YES Fireplace: Comp Distance From Subject: 0.13 Address: 7670 N CASIMIR PULASKI AVE, TUCSON, AZ 85741-1517 Owner: FLYNN MICHAEL APN: 225421170 Year Built: 1979 Census TRact: 46.24 Land Use: SFR Assessed Value: $111,408 Living Area: 1,415 Lot Area: 7,840 No Of Stories: 1 Parking: 2 Pool: Sale Price: $130,000 Sale Date: 01/18/2011 1st Mtg Amt: Prior Sale Price: $83,800 Prior Rec Date: 08/1993 Total Rooms: 6 Bedrooms: Total Baths: 2 A/C: YES Fireplace: Comp Distance From Subject: 0.19 Address: 7740 N HOPDOWN AVE, TUCSON, AZ 85741-1505 Owner: LOCKE ELAINE H APN: 225405900 Year Built: 1978 Census TRact: 46.24 Land Use: SFR Assessed Value: $112,817 Living Area: 1,408 Lot Area: 7,904 No Of Stories: 1 Parking: 2 Pool: Sale Price: $125,900 Sale Date: 01/18/2011 1st Mtg Amt: Prior Sale Price: $96,000 Prior Rec Date: 07/21/1999 Total Rooms: 6 Bedrooms: Total Baths: 2 A/C: YES Fireplace: LEGEND Sale This property has transferred ownership more than once within two years from the valuation date FSD Definition: The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty. Confidence Score: The PASS confidence score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 60-100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales.

RealQuest.com - Report http://pro.realquest.com/jsp/report.jsp?&client=&action=confirm&type=getreport&recordn... Page 5 of 5 7/27/2011 PASS : PASS employs multiple valuation methodologies recursively for each valuation. PASS utilizes property comparables, appraiser emulation artificial intelligence, home price indexes and various statistical methods in a neural-network environment to reach the final value for a property. There is a dedicated team that continuously tunes and maintains the model for maximum performance. Data Sources: Our AVM products draw from the most current, complete and relevant data collection available. CoreLogic's market-specific data covers 98 percent of all U.S. ZIP codes and 3,085 counties in all 50 states and the District of Columbia, representing 99 percent of the US population, 97 percent of all properties (145 million), more than 50 million active mortgages, and 96 percent of loan-level, non-agency mortgage securities. In addition to the public record data, our models also have data detailing which properties are currently for sale, the characteristics of the property, and current asking price for the property. We have many suppliers of the home listing information, the identities of which are proprietary. This data is for use within the model only and is not displayed on the AVM report. Disclaimer The information and estimated values contained in this report (collectively, the "Report") do not constitute an appraisal of any subject property. The Report does not include a physical or visual inspection of any subject property or an analysis of current market conditions by a licensed or certified appraiser. You acknowledge that the condition of any subject property and current market conditions may greatly affect the validity of the Report. You shall not use the Report in lieu of a walk-through appraisal or other form of appraisal by a certified appraiser. This Report may be based upon data collected from public record sources. THE ACCURACY OF THE METHODOLOGY USED TO DEVELOP THE REPORT, THE EXISTENCE OF ANY SUBJECT PROPERTY, AND THE ACCURACY OF ANY PREDICTED VALUE OR SCORES PROVIDED ARE ESTIMATES BASED ON AVAILABLE DATA AND ARE NOT WARRANTED. THE REPORT IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR WARRANTIES BASED ON COURSE OF DEALING OR USAGE IN TRADE. CORELOGIC DOES NOT REPRESENT OR WARRANTTHAT THE REPORT IS COMPLETE OR FREE FROM ERROR, AND DOES NOT ASSUME, AND EXPRESSLY DISCLAIMS, ANY LIABILITY TO ANY PERSON OR ENTITY FOR LOSS OR DAMAGE CAUSED BY ERRORS OR OMISSIONS IN THE REPORT, WHETHER SUCH ERRORS OR OMISSIONS RESULT FROM NEGLIGENCE, ACCIDENT, OR OTHER CAUSE. CORELOGIC MAKES NO REPRESENTATIONS OR WARRANTIES ABOUT THE LEGALITY OR PROPRIETY OF THE USE OF THE REPORT IN ANY GEOGRAPHIC AREA. CUSTOMER SHALL NOT CONSTRUE THE REPORT AS REPRESENTED BY CORELOGIC AS TO THE CONDITION OF TITLE TO REAL PROPERTY. CUSTOMER ACKNOWLEDGES THAT THE REPORT MAY NOT INCLUDE ALL RECORDED CONVEYANCES, INSTRUMENTS OR DOCUMENTS WHICH IMPART CONSTRUCTIVE NOTICE WITH RESPECT TO ANY CHAIN OF TITLE DESCRIBED IN THE REPORT.

GeoAVM Distressed https://vector.firstamres.com/login?username=faresbpoarch&password_enc=507306... Page 1 of 9 1/11/2012 Print Close Window ENTRY INFORMATION Order Number SX00000134CD9991DFAC2B Order Date 01/11/2012 08:28:44 AM Street Address 7572 N MEREDITH BLVD, TUCSON, AZ 85741-1731 Value as of 06/28/2011 QUICK FACTS FROM ZIP CODE 85741 Market Statistics Inventory Summary Avg REO Sale Price: $145,556 # of Homes for Sale: 124 Low List Price: $47,640 Avg to REO Resale: 142 days % Listings with Price Decrease: 35.4% High List Price: $366,320 % Listings with Price Increase: 4.1% CONCLUSION DISPOSITION VALUE: $104,000 ESTIMATED DISPOSITION VALUE RANGE: $96,000 - $117,000 VALUE AS OF: 06/28/2011 FORECAST STANDARD DEVIATION: 13 MARKET ANALYSIS SUMMARY High Price Average Price Median Price Low Price $241,763 $123,519 $123,900 $65,000

GeoAVM Distressed https://vector.firstamres.com/login?username=faresbpoarch&password_enc=507306... Page 2 of 9 1/11/2012 600 yds 2012 Microsoft Corporation 2010 NAVTEQ AND Microsoft Privacy SUBJECT DETAIL Site Address: 7572 N MEREDITH BLVD, TUCSON, AZ 85741-1731 Mail Address: 7572 N MEREDITH BLVD, TUCSON, AZ 85741-1731 Current Owner: SHAMBO JOHN Second Owner: Spouse: Last Transfer Date: 03/01/1996 Last Transfer Price: $89,900 Assessed Land: $50 Assessed Improvement: $10,743 Assessed Total: $10,793 Assessed Market: $107,931 Legal Desc: HERITAGE HILLS II LOT 108 (FORMERL Y 203-54-5110) Subdivision: HERITAGE HILLS 02 County: Pima County MSA Name: Tucson, AZ MSA Code: 46060 Census Tract: 04.019.004608.3.001 School District: Unified : MARANA UNIFIED DISTRICT APN: 225-40-5110 SUBJECT PROPERTY DETAILS Use Code: RSFR Building Sq Ft: 1,411 Living Sq Ft: 1,411 $ Per Sq Ft: $63 Lot Size: 9,460 Sq Ft (0.2172 Bedrooms: Bathrooms: 2.0 Total Rooms: 7 acre) View: Improved: 99% Heating: Forced Air Cooling: AC Evaporative Tax Amount: $1,478 Garage: Undefined Type - 1 Car Stories: 1.0 Year Built: 1982 No. of Units: Pool: Fireplace: Zoning: CR-3 SUBJECT PROPERTY SALES AND LOAN HISTORY Date Transfer Value 1st Loan/ 2nd Loan 7/26/11 RESALE $85,000 $82,820 $0 Loan/ Rate Deed/ (Val. Sale) Doc. No. Transactors FHA GRANT 000002360418 Buyer: INGEGNERI RAYMOND Seller: SHAMBO JOHN J and SHARON Lender: NOVA FIN`L and INV CORP

GeoAVM Distressed https://vector.firstamres.com/login?username=faresbpoarch&password_enc=507306... Page 3 of 9 1/11/2012 10/6/05 REFI/EQ $0 $195,882 $0 8/13/04 REFI/EQ $0 $130,500 $0 CNV FIX CNV FIX TRUST 000002000598 Buyer: SHAMBO JOHN Seller: Lender: CITIFINANCIAL MTG CO TRUST 000001670631 Buyer: SHAMBO JOHN Seller: Lender: ARGENT MTG CO LLC 6/29/99 REFI/EQ $0 $38,000 $0 3/1/96 RESALE $89,900 $89,417 $0 11/17/94 RESALE $57,535 $0 $0 CNV TRUST 011078001554 Buyer: SHAMBO JOHN Seller: Lender: WORLD WIDE CREDIT CORP FHA FIX GRANT 010262003403 Buyer: SHAMBO JOHN Seller: DAVID OMSTEAD Lender: UNION FSB GRANT 011997000071 Buyer: SWETITCH RAYMOND Seller: TRANSAMERICA TITLE INSURANCE Lender: 11/17/94 RESALE $57,535 $0 $0 9/29/93 REFI/EQ $0 $72,500 $0 2/1/90 RESALE $70,000 $0 $0 6/1/87 RESALE $60,000 $0 $0 9/1/85 RESALE $70,430 $0 $0 7/1/82 RESALE $57,535 $0 $0 CNV ADJ GRANT 002833000719 Buyer: SWETITCH RAYMOND Seller: TRANSAMERICA TITLE INSURANCE Lender: TRUST 009637001656 Buyer: OMSTEAD DAVID and Seller: Lender: BANK OF AMERICA GRANT 008730000379 Buyer: OMSTEAD DAVID Seller: ROMO JOE JR and JOANNE T Lender: GRANT 008052001743 Buyer: ROMO JOE Seller: CADDELL BILLY R Lender: GRANT 007618000671 Buyer: A M S MORTGAGE CORP Seller: CHANDLER DOUGLAS R Lender: GRANT Buyer: SWETITCH RAYMOND Seller: TRANSAMERICA TITLE INSURANCE Lender: NEARBY SALES Comp# /Miles Address Subdivision Sale Date 7572 N MEREDITH BLVD, 85741 Sale Price Living Sq Ft Lot Sq Ft Bed/ Bath Year Built Land Use Code HERITAGE H... Mar 1, 1996 $89,900 1,411 9,460 0/2 1982 RSFR Full Address: 7572 N MEREDITH BLVD TUCSON, AZ 85741-1731 Zoning: Lot Sq Ft: 9,460 (0.22 acre) Year Built: 1982 Assessment: $10,793 Bed/Bath: 0/2 APN: 225-40-5110 Rooms: 7 Pool: N School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 108 (FORMERL Y 203-54-5110) SALES HISTORY 0.18 Date Transaction Value 1st Loan Deed Buyer Seller 7714 N NATHAN HALE AVE, 85741 Full Address: 7714 N NATHAN HALE AVE TUCSON, AZ 85741-1531 Zoning: CR-3 Lot Sq Ft: 8,335 (0.19 acre) Year Built: 1979 Assessment: $10,976 Bed/Bath: 0/2 APN: 225-42-1470 School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 350 (FORMERL Y 203-55-1470) SALES HISTORY HERITAGE H... Jun 24, 2011 $156,160 1,415 8,335 0/2 1979 RSFR Rooms: 6 Pool: N Date Transaction Value 1st Loan Deed Buyer Seller 06/24/2011 RESALE $156,160 $0 T/FRCL FEDERAL NATL MTG ASSN RECONTRUST CO NA

GeoAVM Distressed https://vector.firstamres.com/login?username=faresbpoarch&password_enc=507306... Page 4 of 9 1/11/2012 FNMA 02/17/2011 $0 $156,800 NOD WRIGHT, DIANA E 7764 N JENSEN DR, 85741 HERITAGE H... Jun 15, 2011 $191,150 1,707 7,903 0/3 1978 RSFR 0.23 Full Address: 7764 N JENSEN DR TUCSON, AZ 85741-1760 Zoning: CR-3 Lot Sq Ft: 7,903 (0.18 acre) Year Built: 1978 Assessment: $13,400 Bed/Bath: 0/3 APN: 225-40-5520 Rooms: 7 Pool: Y School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 149 SALES HISTORY Date Transaction Value 1st Loan Deed Buyer Seller 06/15/2011 RESALE $191,150 $0 T/FRCL FEDERAL NATL MTG ASSN FNMA RECONTRUST CO NA 12/10/2010 $0 $183,000 NOD WALBY, JERRY D 7395 N PATRIOT DR, 85741 HERITAGE H... Jun 15, 2011 $89,000 1,085 8,034 0/1 1981 RSFR 0.22 Full Address: 7395 N PATRIOT DR TUCSON, AZ 85741-2129 Zoning: CR-3 Lot Sq Ft: 8,034 (0.18 acre) Year Built: 1981 Assessment: $9,590 Bed/Bath: 0/1 APN: 225-42-5300 Rooms: 5 Pool: N School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 733 SALES HISTORY Date Transaction Value 1st Loan Deed Buyer Seller 06/15/2011 RESALE $89,000 $86,743 GRANT PAZOS THOMAS GARCIA JUAN A 7451 N PATRIOT DR, 85741 HERITAGE H... Jun 6, 2011 $189,614 1,440 8,018 0/2 1980 RSFR 0.16 Full Address: 7451 N PATRIOT DR TUCSON, AZ 85741-2127 Zoning: CR-3 Lot Sq Ft: 8,018 (0.18 acre) Year Built: 1980 Assessment: $11,453 Bed/Bath: 0/2 APN: 225-42-4640 Rooms: 7 Pool: N School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 667 SALES HISTORY Date Transaction Value 1st Loan Deed Buyer Seller 06/06/2011 RESALE $189,614 $0 T/FRCL FEDERAL NATL MTG ASSN FNMA 03/04/2011 $0 $185,600 NOD WILKING, JAN 0.11 7661 N HOPDOWN AVE, 85741 HERITAGE H... May 20, 2011 Full Address: 7661 N HOPDOWN AVE TUCSON, AZ 85741-1506 Zoning: CR-3 Lot Sq Ft: 9,343 (0.21 acre) Year Built: 1978 Assessment: $12,756 Bed/Bath: 0/2 APN: 225-40-4850 School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 82 SALES HISTORY QUALITY LOAN SERVICE CORP $150,000 1,526 9,343 0/2 1978 RSFR Rooms: 6 Date Transaction Value 1st Loan Deed Buyer Seller Pool: Y 05/20/2011 RESALE $150,000 $146,197 GRANT MCBEE MICHAEL and EDNA SABINO HOLDINGS LLC 11/01/2010 RESALE $77,000 $0 GRANT SABINO HOLDINGS LLC OPTION ONE MTG 2007-4 03/17/2010 RESALE $128,000 $0 T/FRCL OPTION ONE MTG LN TRUST 2007-4 12/11/2009 $0 $229,500 NOD TRIAL, PHILIP B FIDELITY NATL TITLE INS 0.18 7662 N LUNDBERG DR, 85741 HERITAGE H... May 18, 2011 Full Address: 7662 N LUNDBERG DR TUCSON, AZ 85741-1751 $108,750 1,634 8,204 0/2 1978 RSFR

GeoAVM Distressed https://vector.firstamres.com/login?username=faresbpoarch&password_enc=507306... Page 5 of 9 1/11/2012 Zoning: CR-3 Year Built: 1978 Lot Sq Ft: 8,204 (0.19 acre) Assessment: $11,729 School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 198 SALES HISTORY Bed/Bath: 0/2 APN: 225-40-6010 Rooms: 8 Date Transaction Value 1st Loan Deed Buyer Seller Pool: N 05/18/2011 RESALE $108,750 $87,000 GRANT KELLER NATHAN BOBIER-KELLER TRUST 0.22 2921 W BETSY ROSS PL, 85741 HERITAGE H... May 18, 2011 Full Address: 2921 W BETSY ROSS PL TUCSON, AZ 85741-2113 Zoning: CR-3 Lot Sq Ft: 9,746 (0.22 acre) Year Built: 1980 Assessment: $12,081 Bed/Bath: 0/2 APN: 225-42-4560 School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 659 (FORMERL Y 203-55-4560) SALES HISTORY $88,166 1,753 9,746 0/2 1980 RSFR Rooms: 8 Pool: N Date Transaction Value 1st Loan Deed Buyer Seller 05/18/2011 RESALE $88,166 $0 T/FRCL FEDERAL NATL MTG ASSN FNMA RECONTRUST CO NA 01/06/2011 $0 $83,100 NOD LEITSCHUH, JAMES L 05/19/2009 $0 $83,100 NOD LEITSCHUH, JAMES L 11/07/2008 $0 $83,100 NOD LEITSCHUH, JAMES L 0.06 7621 N CASIMIR PULASKI AVE, 85741 Full Address: 7621 N CASIMIR PULASKI AVE TUCSON, AZ 85741-1516 Zoning: CR-3 Year Built: 1979 Bed/Bath: 0/2 Lot Sq Ft: 10,400 (0.24 acre) Assessment: $11,370 APN: 225-42-0190 School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 222 SALES HISTORY HERITAGE H... May 9, 2011 $120,000 1,429 10,400 0/2 1979 RSFR Rooms: 7 Date Transaction Value 1st Loan Deed Buyer Seller 05/09/2011 RESALE $120,000 $0 GRANT WHITE TERRY FANNIE MAE 05/06/2011 RESALE $0 $0 GRANT FEDERAL NATL MTG ASSN FNMA Pool: N SUNTRUST MTG INC 02/28/2011 RESALE $159,589 $0 T/FRCL SUNTRUST MTG INC PERRY CHRISTOPHER R 11/29/2010 $0 $149,300 NOD BENITEZ, ADAM 09/21/2010 $0 $149,300 NOD BENITEZ, ADAM 0.13 7500 N MEREDITH BLVD, 85741 Full Address: 7500 N MEREDITH BLVD TUCSON, AZ 85741-1731 Zoning: CR-3 Year Built: 1982 Bed/Bath: 0/2 Lot Sq Ft: 10,750 (0.25 acre) Assessment: $12,051 APN: 225-40-5020 School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 99 SALES HISTORY HERITAGE H... Apr 12, 2011 $112,650 1,411 10,750 0/2 1982 RSFR Rooms: 7 Date Transaction Value 1st Loan Deed Buyer Seller Pool: Y 04/12/2011 RESALE $112,650 $109,787 GRANT HARRISON FRANCES FEDERAL NATL MTG ASSN FNMA 02/07/2011 RESALE $209,063 $0 T/FRCL FEDERAL NATL MTG ASSN FNMA 11/04/2010 $0 $223,000 NOD MEYERS, CRAIG A 10/26/2010 $0 $223,000 NOD MEYERS, CRAIG A 0.13 7509 N MEREDITH BLVD, 85741 Full Address: 7509 N MEREDITH BLVD TUCSON, AZ 85741-1732 QUALITY LOAN SERVICE CORP HERITAGE H... Apr 12, 2011 $135,000 1,322 9,165 0/2 1978 RSFR

GeoAVM Distressed https://vector.firstamres.com/login?username=faresbpoarch&password_enc=507306... Page 6 of 9 1/11/2012 Zoning: CR-3 Year Built: 1978 Lot Sq Ft: 9,165 (0.21 acre) Assessment: $10,373 School District: Unified : MARANA UNIFIED DISTRICT Legal Desc: HERITAGE HILLS II LOT 58 SALES HISTORY Bed/Bath: 0/2 APN: 225-40-4610 Rooms: 6 Date Transaction Value 1st Loan Deed Buyer Seller Pool: N 04/12/2011 RESALE $135,000 $131,577 GRANT BEMIS BENNY GREAT AMERICAN HOLDING CO INC 10/22/2010 RESALE $60,000 $0 GRANT GREAT AMERICAN HOLDING CO INC 10/16/2009 REFI/EQ $0 $136,000 TRUST BAILEY DAVID L and JOANN JOHNSON IRENE C 05/26/2009 RESALE $0 $0 GRANT JOHNSON IRENE FULDAUER RUTH M TRUST RECENT FORECLOSURE SALES SUMMARY Prop# /Miles Address Sale Date Sale Price Living Sq Ft Lot Sq Ft Bed/ Bath Year Built Land Use Code 0.16 7428 N STANTON PL, 85741 Jan 31, 2011 $163,203 1,254 7,998 0/1 1980 RSFR 0.16 7661 N SAFFRON AVE, 85741 Jun 2, 2011 $100,000 1,711 7,639 0/2 1978 RSFR 0.16 7451 N PATRIOT DR, 85741 Jun 6, 2011 $189,614 1,440 8,018 0/2 1980 RSFR 0.18 7714 N NATHAN HALE AVE, 85741 Jun 24, 2011 $156,160 1,415 8,335 0/2 1979 RSFR 0.23 7764 N JENSEN DR, 85741 Jun 15, 2011 $191,150 1,707 7,903 0/3 1978 RSFR 0.26 7801 N CASIMIR PULASKI AVE, 85741 Apr 8, 2011 $162,399 1,415 8,243 0/2 1979 RSFR AREA DISTRESSED PROPERTY SUMMARY Prop# /Miles Address Last Sale Date Last Sale Price Living Sq Ft Lot Sq Ft 0.16 7661 N SAFFRON AVE, 85741 Jun 2, 2011 $100,000 1,711 7,639 0/2 0.16 7451 N PATRIOT DR, 85741 Jun 6, 2011 $189,614 1,440 8,018 0/2 0.18 7714 N NATHAN HALE AVE, 85741 Jun 24, 2011 $156,160 1,415 8,335 0/2 0.23 7390 N DICKINSON PL, 85741 $0 1,095 10,006 0/1 0.23 7764 N JENSEN DR, 85741 Jun 15, 2011 $191,150 1,707 7,903 0/3 0.24 7540 N JENSEN PL, 85741 Sep 28, 2011 $70,000 1,412 10,091 0/2 0.29 7441 N JENSEN PL, 85741 $0 1,900 10,831 0/3 0.3 7348 N PILGRIM PL, 85741 Sep 12, 2011 $142,225 1,293 9,302 0/2 0.45 3440 W PETERSON PL, 85741 $0 2,209 9,699 0/2 0.47 7850 N SUN FLAIR DR, 85741 $0 1,177 5,578 0/3 Bed/ Bath NEARBY ASSESSED VALUES Distance in Miles Address Assessed Value Land Use Lot Sq Ft Living Sq Ft Sale Year Sale Price Bed/ Bath Total Rooms Built Year 0.00 7572 N MEREDITH BLVD, 85741 $10,793 RSFR 9,460 1,411 1996 $89,900 0/2 7 1982